RE:Defining moment for CEO - CBD LabEXACTLY !!!!!!!......No more to add this after you summarized , Chris and Gang si well. Timelines are a shiiitt here. Failure after Failure Gave to see this one...4 to 8 months...very vague...!!!lol... """"Chris needs to deliver this major promise on time and on budget. If he does, we will see another bull run with institutions regaining their trust in this company. We will look great for a buyout as well. IF he fails to deliver, I will be exiting my position as we could see this stock go down further to a point of no return. ":::::
Jwhm123 wrote: I've stayed with this stock for over 2 years now. Made money on the run up. I still have a large position around .40 cents. It's very dishartening to see the lack of interest in this company now from investors. However, I do understand why. We all know why....if you have been here long enough. That said, this will be the CEO's defining moment...and our's.
The company has now put themselves out there with the new CBD lab. They have given details and timelines for completion (so many broken in the past). Is Chris a true leader? does he have the right team around him? we will know in 4-8 months. This also sounds like they will be adding signifiacnt expenses over this time period. Their cash position is just OK and their revenues dipped last Q. Diluting this stock further will be trouble....if they need to do this.
Chris needs to deliver this major promise on time and on budget. If he does, we will see another bull run with institutions regaining their trust in this company. We will look great for a buyout as well. IF he fails to deliver, I will be exiting my position as we could see this stock go down further to a point of no return.
I was sucha fan of their original business model vs. the other MSO's (e.g MMEN). Hopefully patience pays off. 1933 is the tortoise, many other MSO's are the Hare....some already heading towards bankruptcy. GLTA!